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Texas gas well

Producing

CRAFT

Craft is a gas well in Bee County, Texas, operated by Paleo Oil Company LLC in the Yougeen (Hockley 4500) field.

1 well

773mcf gas, last 12 months−81% vs prior year
Operator
Paleo Oil Company LLC
County
Bee County
Field
Yougeen (Hockley 4500)
RRC lease
02-280521

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Where it sits

This county

Bee CountyBeeGoliadRefugioKarnesSan PatricioLive OakBee County
Bee County
Oil, last 12 months
260 bbl
Gas in Jul 2026
14 mcf

Checks stopped on this lease?

  • Buyer

    Buyer changed: TPL SOUTHTEX MIDSTREAM LLC replaced COPANO PROCESSING LLC as the buyer of this lease's gas from gas wells on Aug 1, 2025.

  • Sales

    Sales over the last 3 months fell to 7% of the 9 months before.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Gas output fell 81% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 81% over the last 12 monthsMonthly gas production and oil for CRAFT, Aug 2023 to Jul 2026. Gas output fell 81% over the last 12 months. 773 mcf in the 12 months through Jul 2026, against 4,046 mcf in the 12 months before.Last 12 months: 773 mcfmcf per monthbbl per month001,0001002,0002003,0003004,000400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 81% over the last 12 monthsMonthly gas production and oil for CRAFT, Aug 2023 to Jul 2026. Gas output fell 81% over the last 12 months. 773 mcf in the 12 months through Jul 2026, against 4,046 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month001,0001002,0002003,0003004,000400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Oct 2025 the lease's gas goes to a processing plant instead of a transmission line

  • Processing plant (3)
  • Transmission line (2)
Since Oct 2025 the lease's gas goes to a processing plant instead of a transmission lineShare of CRAFT gas by disposition code each month, Aug 2023 to Jul 2026. Since Oct 2025 the lease's gas goes to a processing plant instead of a transmission line.Share of the lease’s gas by disposition code, per month0%50%100%Oct 2025: line to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Oct 2025 the lease's gas goes to a processing plant instead of a transmission lineShare of CRAFT gas by disposition code each month, Aug 2023 to Jul 2026. Since Oct 2025 the lease's gas goes to a processing plant instead of a transmission line.Share of gas by disposition code0%50%100%Oct 25: line to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    84% · 4,046 mcf

  • Processing plant (3)

    16% · 773 mcf

Who has run this lease

The operator changed once, most recently in Jun 2022

Operators of this lease over timeWelder Exploration & Prod., Inc., Jan 2020 to May 2022; Paleo Oil Company LLC, Jun 2022 to Jul 20262020202120222023202420252026Changed Jun 2022Welder Exploration & Prod., I…Jan 2020 to May 2022Paleo Oil Company LLCJun 2022 to now
Operators of this lease over timeWelder Exploration & Prod., Inc., Jan 2020 to May 2022; Paleo Oil Company LLC, Jun 2022 to Jul 20262020202120222023202420252026Changed Jun 2022Welder Exploration & Prod., Inc.Jan 2020 to May 2022Paleo Oil Company LLCJun 2022 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on CRAFT
API numberWell no.Status
42-025-339431Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Gulfmark Energy, Inc.CondensateGathers100Aug 1, 2025–
Tpl Southtex Midstream LLCGas-well gasBuys100Aug 1, 2025–
Tpl Southtex Midstream LLCGas-well gasGathers100Aug 1, 2025–
Genesis Crude Oil, L.p.CondensateGathers100Aug 12, 2020Aug 1, 2025
Copano Pipelines/South Texas LLCGas-well gasGathers100Aug 3, 2015Aug 1, 2025
Copano Processing LLCGas-well gasBuys100Aug 3, 2015Aug 1, 2025
Genesis Crude Oil, L.p.CondensateGathers50Aug 3, 2015Aug 12, 2020
Ngl Crude Logistics, LLCCondensateGathers50Aug 3, 2015Aug 12, 2020

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

136.86 acres on the newest permit

Check your decimal on this lease
Permits for Craft
API numberWell no.Acreson the permit
42-025-339431136.86

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

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36 months, newest first

Ledger for CRAFT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Paleo Oil0014140$80.46$2.89
Jun 2026Paleo Oil10110$84.81$3.15
May 2026Paleo Oil00220$102.13$2.94
Apr 2026Paleo Oil00000$100.32$2.77
Mar 2026Paleo Oil50660$91.38$3.04
Feb 2026Paleo Oil170220$64.51$3.62
Jan 2026Paleo Oil00000$60.04$7.72
Dec 2025Paleo Oil1091692582580$57.97$4.26
Nov 2025Paleo Oil3401861860$60.06$3.79
Oct 2025Paleo Oil8203043040$60.89$3.19
Sep 2025Paleo Oil00000$63.96$2.97
Aug 2025Paleo Oil12343000$64.86$2.91
Jul 2025Paleo Oil9204874870$68.39$3.20
Jun 2025Paleo Oil26903,5593,5590$68.17$3.02
May 2025Paleo Oil00000$62.17$3.12
Apr 2025Paleo Oil00000$63.54$3.42
Mar 2025Paleo Oil00000$68.24$4.12
Feb 2025Paleo Oil00000$71.53$4.19
Jan 2025Paleo Oil00000$75.74$4.13
Dec 2024Paleo Oil00000$70.12$3.01
Nov 2024Paleo Oil00000$69.95$2.12
Oct 2024Paleo Oil00000$71.99$2.20
Sep 2024Paleo Oil00000$70.24$2.28
Aug 2024Paleo Oil00000$76.68$1.99
Jul 2024Paleo Oil00000$81.80$2.07
Jun 2024Paleo Oil00000$79.77$2.54
May 2024Paleo Oil00000$80.02$2.12
Apr 2024Paleo Oil00000$85.35$1.60
Mar 2024Paleo Oil00000$81.28$1.49
Feb 2024Paleo Oil00000$77.25$1.72
Jan 2024Paleo Oil00000$74.15$3.18
Dec 2023Paleo Oil00000$71.90$2.52
Nov 2023Paleo Oil00000$77.69$2.71
Oct 2023Paleo Oil00000$85.64$2.98
Sep 2023Paleo Oil00000$89.43$2.64
Aug 2023Paleo Oil00000$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorPaleo Oil Company LLCFieldYougeen (Hockley 4500)CountyBee County

Paleo Oil Company LLC in Bee County

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Yougeen (Hockley 4500) field

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